HomeMy WebLinkAboutMin - Community Development Corporation - 2022 - 11/15 - Regular ALLEN COMMUNITY DEVELOPMENT CORPORATION
REGULAR MEETING
MINUTES
NOVEMBER 15,2022
Board of Directors:
Tommy Baril,President
Matthew Foster,Vice-President
Stacy Gonzales, Secretary
Ron Alexander
Shahmeen Khan
Ben Trahan
Antoinette Vincent
City Staff:
Tim Dentler,Assistant City Manager
Kate Meacham,Director of Parks and Recreation
Pete Phillis,Chief Financial Officer
Bill Herman,General Manager
Jennifer Robinson,Strategic Projects Manager
1) Call to Order and Announce a Quorum is Present.
With a quorum of the Allen Community Development Corporation Board present, President Baril
called the Meeting to order at 7:03 p.m. on Tuesday,November 15, 2022, in the Council Conference
Room of Allen City Hall,305 Century Parkway,Allen,Texas.
2) Approve Minutes of the October 17,2022,Meeting.
Motion: Upon a motion by Board Member Alexander and a second by Board Member Vincent,
the Board voted seven (7) for and none (0) opposed to approve the minutes of the
October 17,2022,meeting as presented. The motion carried.
3) Approve Minutes of the October 27,2022,Joint Meeting with the Allen City Council.
Motion: Upon a motion by Vice-President Foster and a second by Board Member Trahan,the
Board voted seven(7)for and none(0)opposed to approve the minutes of the October
27,2022,joint meeting with the Allen City Council as presented. The motion carried.
4) Executive Session
In accordance with the Texas Government Code, the Allen Community Development Corporation
convened into Executive Session at 7:05 p.m. on Tuesday, November 15, 2022, in the Council
Conference Room of the Allen City Hall, 305 Century Parkway, Allen, Texas, in order to discuss
matters pertaining to:
Economic Development Deliberations Pursuant to Section 551.087 of the Texas Government Code for
Discussion of Potential Economic Grant for CUTX Event Center Talent Acquisition.
The Executive Session adjourned at 8:15 p.m.Tuesday,November 15,2022.
Community Development Corporation
Regular Board Meeting
November 15,2022 Page 2
5) Reconvene and Take Action on Items Resulting from the Executive Session.
President Baril reconvened the Allen Community Development Corporation into the Regular Meeting
at 8:15 p.m. on Tuesday, November 15, 2022. After brief discussion the following motion was
presented.
Motion: Upon a motion by Vice-President Foster and a second by Board Member Khan,the
Board voted seven(7)for and none(0)opposed to place$1,000,000 in a restricted fund
for Credit Union of Texas Event Center talent acquisition with the understanding that
the event proceeds would replenish the restricted funds. The motion carried.
6) Conduct a Public Hearing on Proposed Project for FY2022-2023 totaling$10,000.
a) A proposal authorizing up to$10,000 for Promotional Nights with Sport Tenants at
Credit Union of Texas Event Center
President Baril opened the public hearing for this agenda item and asked anyone wishing to speak for
or against these items to do so at this time.
With no one speaking,President Baril closed the public hearing.
7) Motion to Cancel the December 19,2022,Allen Community Development Corporation Board of
Directors Meeting.
111 Motion: Upon a motion by Board Member Khan and a second by Secretary Gonzales,the Board
voted seven (7) for and none (0) opposed to cancel the December 19, 2022, Allen
Community Development Corporation Board of Directors Meeting. The motion
carried.
8) Update from Joint Meeting with the Allen City Council on October 27,2022.
As a result of the discussions and recommendations coming from the meeting, staff is
working on updating policies.
9) Receive Update from Staff on Proposed Projects by Board Members from the August 15,
2022,meeting.
Staff continues to research details of the potential projects and will provide an update at the next regular
meeting and is working to set up a meeting with Allen ISD regarding track.
10) Staff Reports
a) Quarterly Financial Reports.
b) Sales Tax Report.
c) Project Timeline Report.
d) Update on Credit Union of Texas Event Center Programming.
Community Development Corporation
Regular Board Meeting
November 15,2022 Page 3
11) Adjourn
Motion: Upon a motion by Vice-President Foster and a second by Board Member Alexander, the Board
voted seven(7)for and none(0)opposed to adjourn the meeting at 9:02 p.m. The motion carried.
These minutes approved the 16th day of January 2023.
APPROVED:
' 771
Tommy Baril,PRESIDENT
ATTEST:
tacy Gonzales, SECRETARY